How Purchasing Property Through a Co-Op Differs From a Condo

I’m sure you’ve heard the term “housing cooperative” or “co-op” thrown around before. But what are they and how do you purchase a property through one? Cooperatives are, in essence, corporations that own property, which you can purchase shares of. They’re a non-traditional, yet beneficial, way of buying real estate. Before you pursue this option, though, you should understand how co-ops differ from condominiums so you can make the most informed purchase possible. To learn more, watch my latest video.